WALSIN LIHWA Business Summary

Walsin Lihwa Corp operates a vertically integrated industrial manufacturing model, generating revenue primarily through the production and sale of power cables, stainless steel products, and commodity resources. The company’s operations are structured into four core segments: Wire and Cable, which serves critical infrastructure and telecommunications; Stainless Steel, providing high-grade billets and rods for global industrial applications; Resources, focused on nickel smelting and battery-grade material production in Indonesia; and a strategic Real Estate division. By securing upstream nickel assets, the firm has positioned itself as a key supplier for the global electric vehicle (EV) and renewable energy supply chains. Its primary direct competitors include Sumitomo Electric Industries, LS Corp, and Prysmian S.P.A. in the cable sector, alongside major global stainless steel producers. Walsin Lihwa maintains a dominant market position in the Greater China region, leveraging its resource self-sufficiency and its role as a primary contractor for Taiwan’s national power grid resilience projects. Founded in 1966 by Ting-Piao Chiao, the company is currently led by Chairman Yu-Lon (Arthur) Chiao, who has steered its expansion into a multinational conglomerate since 1996. In January 2026, Shyi-Chin Wang was appointed as CEO and President, bringing deep metallurgical expertise from his former role as President of China Steel Corporation. The executive team includes CFO Cheng-Chiang Chen and CTOs Shih-Ming Wang and Chen-Wei Liu, who oversee the company’s transition toward AI-driven smart manufacturing. The board is characterized by strong family stewardship, featuring directors Yu-Cheng, Yu-Heng, and Yu-Chi Chiao, alongside major institutional shareholders such as Winbond Electronics, TECO Electric & Machinery, and global asset managers including BlackRock and The Vanguard Group. This leadership structure combines decades of industrial experience with a strategic focus on sustainable resource management and high-tech material science.